Market Scenario:

The companies such as Huawei Technologies Co. Ltd. (China), Apple Inc. (U.S), Google Inc. (U.S), Samsung Group (South Korea), Arris International Plc. (U.S), EchoStar Corporation (U.S), are the leading providers of set-top box in the market. The adoption of hybrid boxes is boosting the market growth due the increasing demand of over-the-top content services. In 2017, Facebook Inc. is creating an app for television Set-Top Boxes Market, including Apple Inc's Apple TV.     

Digital terrestrial television is considered to gain demand in market due to increasing use of Wi-Fi which allows connectivity through web.  The IP transmission recording features and higher storage specifications are driving the market growth of set top box in the market. The factors that boost the growth market are the increasing adoption of digital terrestrial television broadcasting, BS digital broadcasting, and CATV broadcasting which is driving the market growth in the forecast years. In 2017, Dish TV launches new generation cardless HD set-top which is portable and cost effective.

The global set-top box market are bifurcated on the basis of types, content resolutions, application, and region. The types are segmented into cable, satellite, digital terrestrial television, internet protocol, over-the-top content and others. The applicationare segmented into secure digital (SD), high definition (HD), 4K and others. The end users are segmented residential use, commercial use and others. The region includes North America, Europe, Asia Pacific and rest of the world.

The regional analysis of set-top box market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in set-top box market due to increasing demand of hybrid set-top box which is propelling the market growth.  The set-top box market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for set-top box market and expected to be the highest CAGR in the coming years.

The global set-top box market is expected to grow at USD 31.67 Billion by 2023, at 6% of CAGR between 2017 and 2023.

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Key Players:

Huawei Technologies Co. Ltd. (China),
Apple Inc. (U.S),
Google Inc. (U.S),
Samsung Group (South Korea),
Arris International Plc. (U.S),
EchoStar Corporation (U.S),
Humax (U.K),
Sagemcom (France),
Technicolor SA (France),
Skyworth Digital (China)

Segments:

The global set-top box market has been segmented on the basis of types, content resolutions application, and region.

Global Set-top box Market By Type:

Cable
Satellite
Digital Terrestrial Television
Internet Protocol
Over-The-Top Content (OTT)
Others

Global Set-top box Market By Content Resolutions:

Secure Digital (SD)
High Definition (HD)
4K
Others

Global Set-top box Market By Application:

Residential Use
Commercial Use

Global Set-top box Market By Regions:

North America
Europe
APAC
Rest Of The World

Intended Audience:

Set-top box companies
Set-top box providers
Professional service providers
Research and development companies
Market research and consulting firms
Solution providers
Technology standards organizations
Technology investors
System Integrators

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